The Capital Pub Company Plc, a qualified EIS, is seeking to raise £8.8m in its second round of finan...
The Capital Pub Company Plc, a qualified EIS, is seeking to raise £8.8m in its second round of financing. The company is to issue up to eight million shares at 110p each and it estimated this funding will be the last capital raising before an anticipated Aim flotation. The proceeds will enable the directors to improve economies of scale, benefit from greater supply agreement discounts and secure up to 15 additional sites in Greater London. This will take the total number of managed freehouses acquired during the firm's first two years to 20. For more information, contact 01488 608 101.
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes